Hi Friends, actually, I am receiving a consolidated pay without any deductions. Could anyone please let me know if we can avail the option of PF & ESI with a consolidated pay? I was informed by our auditor that it is not possible to provide PF & ESI for a consolidated pay. I would really appreciate it if anyone could help me with this.
From India, Tiruchchirappalli
From India, Tiruchchirappalli
I believe the auditor's statement may be incorrect. Salaries and wages should be covered under ESI and PF. There may not be any difference for consolidated pay; it will come under wages only. Therefore, you are eligible for ESI and PF. Please ask your HR department to resolve this issue.
Regards,
Alphonse
From India, Madras
Regards,
Alphonse
From India, Madras
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